The Fair Share Report

1329 E Ct

Wall, NJ 07757

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $595,480

Likely range $469,438 – $738,137, from 12 comparable Wall sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

59.76%

The state's official measure of how far Wall assessments sit below market value — republished every October, applied town-wide. A $595,480 home should be assessed near $355,859.

Step 3 · Assessed value

$241,200

Set at the last town-wide revaluation and mostly frozen since. That's $114,659 below what the ratio math suggests (32.2%).

Step 4 · The tax rate — same for every Wall home

$2.126 per $100 assessed

$1.253 Schools · 59% $0.348 County · 16% $0.525 Town · 25%

Step 5 · The bill

$5,398/yr
Public schools$3,181
Monmouth County$884
Town of Wall$1,333
Wall average$10,496

This home vs. every recent Wall sale · assessed ÷ market

Town median 52.5%
This home · 40.5%

27%74%

Paying about right

This home's ratio lands inside Wall's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
2203 MONMOUTH BLVD2025-02$440,0001,12349.8%
1129 MINNESINK RD2025-03$720,0001,14049.6%
2256 NEWARK AVE2026-05$700,0001,13144.3%
1014 GLENN ST2026-02$550,0001,05344.9%
1648 RIVERVIEW TERR2025-06$575,0001,13653.0%
1406 EDGEMERE RD2026-04$650,0001,22841.7%
1211 18TH AVE2026-01$607,5001,24843.3%
1238 LAKEWOOD RD2026-06$685,0001,24043.8%
1635 MARCONI RD2025-06$800,0001,01043.5%
1114 MOHEGAN RD2025-06$830,0001,18644.8%
2134 OLD MILL RD2025-12$719,0001,04045.5%
3100 HARRISON ST2025-08$733,9501,08039.5%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →